London Stock Exchange’s New Crypto ETN to Trade Just 200 Shares
Golden Finance reported that on May 28, the London Stock Exchange opened trading in cryptocurrency exchange-traded notes (ETNs), but only regulated financial investors (excluding retail traders) were allowed to trade. Charlie Morris, head of ByteTree, stressed that these Bitcoin ETNs had a poor start, with 21Shares trading volume of only 200 shares.
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Trading volume on BSC remains sluggish, with most popular meme tokens seeing transactions below $1 million.